College Graduates around Raleigh Prefer to Rent

The economy has changed and it has some college graduates rethinking the traditional "American dream" of buying a house. Many college graduates are considering renting vs buying a home.

Many college graduates in and around Raleigh are more focused on looking for jobs.

In years past, it was understood that after your graduated college, you would start your job, buy a home and start a family. Not so anymore. These days, Raleigh area college grads are either not finding jobs that are paying enough to feel they can qualify for a traditional mortgage, or not feeling like they want to spend all that money on a down payment and interest, when they can invest it instead.

Graduates want to feel confident and stable in a job before opting for a mortgage, in this economy, security is a rare commodity for many. Many college grads out there don’t want to be trapped in a 20 or 30 year loan.